Labour says it cannot promise to renationalise Royal Mail, which is due to float on the stock market, but will impose new customer service obligations.

Fewer people than expected are choosing to opt out of new workplace pension schemes under auto-enrolment, according to official figures.

China has offered tax rebates to manufacturers of solar power products in an attempt to prop up the struggling sector and also cut pollution levels.

Lloyd's List, the shipping industry newspaper that started out pinned to a London coffee shop wall in 1734, will be online only by the end of the year.

Staff at some of the UK's biggest post offices are due to stage their latest strike over jobs, pay and closures.

Asian markets fall on fears that the US may be heading for a shutdown of government services amid the continuing political stalemate.

People out of work for more than two years will have to go on work placements in return for their benefits, under changes being unveiled by the chancellor.

Japanese electronics firm Toshiba says it will halve the number of staff in its TV division to 3,000 as it looks to revamp the unit's operations.